NATO countries Compared by Economy > GDP > Official exchange rate per capita

DEFINITION: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at offical exchange rates (OER) is the home-currency-denominated annual GDP figure divided by the bilateral average US exchange rate with that country in that year. The measure is simple to compute and gives a precise measure of the value of output. Many economists prefer this measure when gauging the economic power an economy maintains vis-a-vis its neighbors, judging that an exchange rate captures the purchasing power a nation enjoys in the international marketplace. Official exchange rates, however, can be artifically fixed and/or subject to manipulation - resulting in claims of the country having an under- or over-valued currency - and are not necessarily the equivalent of a market-determined exchange rate. Moreover, even if the official exchange rate is market-determined, market exchange rates are frequently established by a relatively small set of goods and services (the ones the country trades) and may not capture the value of the larger set of goods the country produces. Furthermore, OER-converted GDP is not well suited to comparing domestic GDP over time, since appreciation/depreciation from one year to the next will make the OER GDP value rise/fall regardless of whether home-currency-denominated GDP changed. Figures expressed per capita for the same year.


1 Luxembourg $103,421.82 2010
2 Norway $84,573.26 2010
3 Denmark $56,221.67 2010
4 Netherlands $46,360.62 2010
5 Canada $45,829.42 2010
6 Belgium $42,338.25 2010
7 Germany $40,427.05 2010
8 Iceland $40,403.60 2010
9 France $39,288.81 2010
10 United Kingdom $36,276.82 2010
11 Italy $33,678.67 2010
12 Spain $29,845.26 2010
13 Greece $26,707.93 2010
14 Slovenia $22,669.33 2010
15 Portugal $21,029.68 2010
16 Czech Republic $18,555.50 2010
17 Slovakia $16,279.63 2010
18 Estonia $14,028.17 2010
19 Croatia $13,563.31 2010
20 Hungary $13,229.97 2010
21 Poland $12,308.92 2010
22 Lithuania $10,870.69 2010
23 Latvia $10,446.59 2010
24 Turkey $10,107.08 2010
25 Romania $7,388.75 2010
26 Bulgaria $5,951.46 2010
27 Albania $3,745.86 2010


NATO countries Compared by Economy > GDP > Official exchange rate per capita


Interesting observations about Economy > GDP > Official exchange rate per capita

Follow us on Facebook to get interesting stats:

Adblocker detected! Please consider reading this notice.

We've detected that you are using AdBlock Plus or some other adblocking software which is preventing the page from fully loading.

We don't have any banner, Flash, animation, obnoxious sound, or popup ad. We do not implement these annoying types of ads!

We need money to operate the site, and almost all of it comes from our online advertising.

Please add www.nationmaster.com to your ad blocking whitelist or disable your adblocking software.